We'd be surprised if Time Interconnect Technology Limited (HKG:1729) shareholders haven't noticed that the Independent Non-Executive Director, Hin Shun Ho, recently sold HK$1.1m worth of stock at HK$3.63 per share. The eyebrow raising move amounted to a reduction of 31% in their holding.

The Last 12 Months Of Insider Transactions At Time Interconnect Technology

In fact, the recent sale by Hin Shun Ho was the biggest sale of Time Interconnect Technology shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of HK$3.60. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Time Interconnect Technology better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Time Interconnect Technology

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Time Interconnect Technology insiders own about HK$75m worth of shares (which is 1.1% of the company). We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Time Interconnect Technology Tell Us?

An insider hasn't bought Time Interconnect Technology stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. On the plus side, Time Interconnect Technology makes money, and is growing profits. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Time Interconnect Technology. While conducting our analysis, we found that Time Interconnect Technology has 3 warning signs and it would be unwise to ignore them.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.